By Kanishka Singh WASHINGTON (Reuters) – A judge on Monday ordered Kansas to stop allowing transgender people to change the gender listed on their driver’s licenses after a lawsuit filed by the state’s Republican attorney general. The state’s Democratic Governor Laura Kelly and Republican Attorney General Kris Kobach have been at odds over the issue,…
VILNIUS (Reuters) -Turkish President Tayyip Erdogan has agreed to forward to parliament Sweden’s bid to join the NATO military alliance, Secretary-General Jens Stoltenberg said on Monday, on the eve of a NATO summit in Vilnius. “I’m glad to announce … that President Erdogan has agreed to forward the accession protocol for Sweden to the grand…
By Sarah McFarlane and Valerie Volcovici LONDON/WASHINGTON (Reuters) – When it comes to taking stock of global emissions, there’s an elephant in the room: the world’s armed forces. As temperatures hit new highs, scientists and environmental groups are stepping up pressure on the U.N. to force armies to disclose all their emissions and end a…
By David Lawder WASHINGTON (Reuters) -The World Bank on Monday named 15 chief executive officers including financiers and asset managers to a group launched by the lender’s president, Ajay Banga, aiming to marshal more private capital to combat climate change and boost investment in developing countries. The “Private Sector Investment Lab” will begin work in…
By Kanishka Singh WASHINGTON (Reuters) -The U.S. Justice Department on Monday sought to block a judge’s order that barred some federal agencies and officials from communicating with social media firms about moderating content on their platforms in a decision stemming from a Republican-backed lawsuit against President Joe Biden’s administration. The department asked the New Orleans-based…
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Investors are piling into bullish options bets on the shares of Rivian Automotive, with some market participants saying the buying has helped the electric vehicle (EV) maker’s stock notch a record nine-day winning streak. Rivian shares, which took off last week after the company reported better-than-expected quarterly…
By David Shepardson (Reuters) -The United Auto Workers union said on Monday it will open contract talks with Detroit’s Big Three automakers starting on Thursday, ahead of the mid-September expiration of the current four-year labor deal. The union said talks will open on Thursday with Chrysler-parent Stellantis, on Friday with Ford Motor and on July…
BERLIN (Reuters) -Daimler Truck has raised its profit and revenue guidance due to an easing of supply chain constraints, stronger demand in its core markets and the after-sales business, the company said on Monday. The company has updated its guidance for adjusted returns on sales in its industrial business to a range of 8.5% to…
By Pete Schroeder WASHINGTON (Reuters) – The Federal Reserve’s top regulatory official laid out a sweeping plan to increase capital requirements for the nation’s largest banks in the wake of recent bank failures, a move that was immediately met with criticism from the industry. In a widely-anticipated speech, Fed Vice Chair for Supervision Michael Barr…
By Ann Saphir and Michael S. Derby (Reuters) -The Federal Reserve will likely need to raise interest rates further to bring down inflation that is still too high, but the end to its current monetary policy tightening cycle is getting close, several U.S. central bank officials said on Monday. The Fed has raised interest rates…
